ILLUM: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ILLUM
Largest movements
- Receivables within one year -€36,836
down €36,836 (-78.9%), from €46,672 to €9,836
of which Other amounts receivable: -€24,533
- Receivables after one year -€9,000
no longer reported in 2025 (was €9,000)
- Stocks and contracts -€3,150
down €3,150 (-76.8%), from €4,103 to €953
- Cash +€1,318
up €1,318 (+76.5%), from €1,724 to €3,042
mainly Other debts (+€55,050) and Receivables within one year (+€36,836)
- Debts after one year -€100,000
no longer reported in 2025 (was €100,000)
- Other debts +€55,050
new in 2025: €55,050
- Tax, wage and social debts -€1,552
down €1,552 (-62.5%), from €2,483 to €931
- Gross operating margin -€12,740
down €12,740 (-73.4%), from €17,360 to €4,621
- Depreciation -€900
no longer reported in 2025 (was €900)
- Other operating charges -€405
down €405 (-36.5%), from €1,108 to €703
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €61,499 | €13,831 | -€47,668 | -77.5% |
| Current assets | 29/58 | €61,499 | €13,831 | -€47,668 | -77.5% |
| Amounts receivable after more than one year | 29 | €9,000 | - | -€9,000 | |
| Other amounts receivable | 291 | €9,000 | - | -€9,000 | |
| Stocks and contracts in progress | 3 | €4,103 | €953 | -€3,150 | -76.8% |
| Stocks | 30/36 | €4,103 | €953 | -€3,150 | -76.8% |
| Amounts receivable within one year | 40/41 | €46,672 | €9,836 | -€36,836 | -78.9% |
| Trade receivables | 40 | €22,139 | €9,836 | -€12,303 | -55.6% |
| Other amounts receivable | 41 | €24,533 | - | -€24,533 | |
| Cash at bank and in hand | 54/58 | €1,724 | €3,042 | +€1,318 | +76.5% |
| Total equity and liabilities | 10/49 | €61,499 | €13,831 | -€47,668 | -77.5% |
| Equity | 10/15 | -€65,684 | -€65,693 | -€9 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€84,284 | -€84,293 | -€9 | 0.0% |
| Amounts payable | 17/49 | €127,183 | €79,524 | -€47,659 | -37.5% |
| Amounts payable after more than one year | 17 | €100,000 | - | -€100,000 | |
| Financial debts | 170/4 | €100,000 | - | -€100,000 | |
| Amounts payable within one year | 42/48 | €26,216 | €79,124 | +€52,908 | +201.8% |
| Financial debts | 43 | €20,664 | €20,664 | = | 0.0% |
| Credit institutions | 430/8 | €20,664 | €20,664 | = | 0.0% |
| Trade debts | 44 | €3,068 | €2,478 | -€590 | -19.2% |
| Suppliers | 440/4 | €3,068 | €2,478 | -€590 | -19.2% |
| Taxes, remuneration and social security | 45 | €2,483 | €931 | -€1,552 | -62.5% |
| Taxes | 450/3 | €2,483 | €931 | -€1,552 | -62.5% |
| Other amounts payable | 47/48 | - | €55,050 | +€55,050 | |
| Accrued charges and deferred income | 492/3 | €967 | €400 | -€568 | -58.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €900 | - | -€900 | |
| Other operating charges | 640/8 | €1,108 | €703 | -€405 | -36.5% |
| Gross operating margin | 9900 | €17,360 | €4,621 | -€12,740 | -73.4% |
| Operating profit (loss) | 9901 | €15,353 | €3,918 | -€11,435 | -74.5% |
| Financial charges | 65/66B | €3,197 | €3,270 | +€72 | +2.3% |
| Recurring financial charges | 65 | €3,197 | €3,270 | +€72 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | €12,155 | €648 | -€11,507 | -94.7% |
| Income taxes | 67/77 | €527 | €657 | +€130 | +24.6% |
| Profit (loss) for the period | 9904 | €11,628 | -€9 | -€11,637 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,628 | -€9 | -€11,637 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.